The WACC of Compagnie Generale des Etablissements Michelin SCA (ML.PA) is 7.1%.
Range | Selected | |
Cost of equity | 7.20% - 9.40% | 8.30% |
Tax rate | 23.70% - 24.70% | 24.20% |
Cost of debt | 4.00% - 4.50% | 4.25% |
WACC | 6.3% - 8.0% | 7.1% |
Category | Low | High |
Long-term bond rate | 3.0% | 3.5% |
Equity market risk premium | 5.8% | 6.8% |
Adjusted beta | 0.73 | 0.79 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 7.20% | 9.40% |
Tax rate | 23.70% | 24.70% |
Debt/Equity ratio | 0.3 | 0.3 |
Cost of debt | 4.00% | 4.50% |
After-tax WACC | 6.3% | 8.0% |
Selected WACC | 7.1% | |